Potential Treasury Secretary Paulson: Trump expects the Fed to cut interest rates to 2.5% by the end of 2025

Zhitong
2024.09.05 23:20
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Hedge fund "The Big Short" John Paulson predicts that the Federal Reserve will cut interest rates in the coming months, expecting them to drop to 2.5% by the end of 2025. He stated that the Fed waited too long to take rate-cutting measures and emphasized that economic policies, especially interest rate issues, need to be discussed by the President and the Treasury Secretary. He is one of the potential candidates for Treasury Secretary under Trump